J.D. McGeown Limited
Registered name: J.D. MCGEOWN LIMITED
J.D. McGeown Limited made £19.9m revenue and £818k profit in the year to 31 Mar 2025.
J.D. McGeown Limited’s revenue grew 17% to £19.9m in the year to 31 Mar 2025, with £818k profit and 80 employees. The company is classified under “electrical installation” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 46 yrs · since 1980
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.3m | £14.5m | £17m | £19.9m |
| Cost of sales | £9.4m | £11.4m | £13.5m | £16.2m |
| Gross profit | £2.9m | £3.1m | £3.5m | £3.8m |
| Operating profit | £1.5m | £1.6m | £1.9m | £2m |
| Profit before tax | £1.5m | £1.6m | £2.1m | £1.4m |
| Profit after tax | £1.2m | £1.3m | £1.5m | £818k |
| Profit (best available) | £1.2m | £1.3m | £1.5m | £818k |
| Staff costs | £2.5m | £2.7m | £3.2m | £3.8m |
| Employees (average) | 63 | 67 | 78 | 80 |
| Ratios | ||||
| Profit margin | 10.2% | 9.1% | 9.1% | 4.1% |
| Gross margin | 23.7% | 21.6% | 20.7% | 18.8% |
| Revenue per employee | £195k | £217k | £218k | £249k |
| Profit per employee | £19.8k | £19.7k | £19.8k | £10.2k |
| Cash conversion | −48.1% | −50.6% | −62.7% | −111.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18.7% | ▲17% | ▲17.2% |
| Profit growth | — | ▲5.7% | ▲17.2% | ▼47% |
| Headcount growth | — | ▲6.3% | ▲16.4% | ▲2.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.8m | £6.2m | £4.9m | £5.1m |
| Net assets | £8.7m | £10m | £11.6m | £12.4m |
| Fixed assets | £190k | £269k | £2.3m | £2.3m |
| Current assets | £12.8m | £13.7m | £13.3m | £13.9m |
| Debtors | £2.1m | £1.7m | £2.6m | £3.3m |
| Cash from operations | −£726k | −£822k | −£1.2m | −£2.2m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 18.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £249k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- −111.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲7%
- Now £12.4m
- Cash at bank
- ▲3%
- Now £5.1m
- Headcount
- ▲3%
- Now 80
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £2.3m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £818k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.